Frequently Asked Questions

How do I apply?

Applications will be accepted until June 30, 2020. In order to complete your application, you’ll need to have handy:

  • Your resume/CV; 
  • A written biography;
  • Two letters of recommendation (At least one letter of recommendation should be from someone outside your place of employment (e.g., a client, Judge, colleague from another firm, professor, etc.). Each letter of recommendation must include the recommender’s name, affiliation, email address and direct phone number; and
  • Narrative (first-person) responses to the four questions (1,250 character limit) on the “40 Under 40” site.

Please note: You can start, save and resume your application as many times as you like.

The next steps are as follows:

  • After you have applied to the program, you will receive notification that your submission has been received.
  • You will be notified by early October if you have made it to the 2020 class.
  • A “40 Under 40” recognition event will take place during ABI’s 2020 Winter Leadership Conference in Scottsdale, Ariz., in early December.

Who can be nominated?

The American Bankruptcy Institute’s "40 Under 40" program is open to bankruptcy, insolvency and restructuring professionals from around the world who are 40 years old or younger as of Dec. 1, 2020.

Take a look at the firms who have had nominees.

Can I nominate myself?

Yes.

Can I nominate more than one person?

Yes.

If I applied previously, can I apply again this year?

Yes. You may log in using your established username and password to amend your application, or you may start a new profile and application. If you are not selected in 2020, you may be considered again in future years until you no longer fit the nomination requirements (age, practice area, etc.).

How will the nominee know that he or she has been nominated?

The nominee will receive an email notifying him/her that a nomination has been submitted. The nominee assumes all responsibility for completing his/her application.

Is there a fee for nominating someone?

No.

Why should I nominate someone?

Nominating a young professional for ABI's "40 Under 40" program:

  • Celebrates the achievements of young professionals in the bankruptcy community who will be tomorrow’s leaders;
  • Highlights rising stars in the profession;
  • Showcases how firms and organizations help mentor and provide professional development;
  • Identifies future leaders within ABI;
  • Offers honorees a chance to be featured at ABI events, in the ABI Journal and on ABI’s website;
  • Provides honorees with exclusive networking and recognition opportunities, as they are invited as ABI guests to special recognition events; and
  • Helps advance the future of the bankruptcy profession.

The insolvency community has openly embraced this program. Take a look at the firms who have had nominees in the application pool since the program’s inception.

Do nominees have to be members of ABI?

Membership in ABI is not required, nor does it enhance a person’s chance of being selected.

How do I know if my online nomination form went through? Will I receive a confirmation?

After submitting your nomination(s), you will get a message thanking you for your nomination(s).

When are nominations due?

Nominations are due June 30, 2020.

What are the criteria for selecting the 2020 honorees?

Nominations will be judged by a diverse steering committee of insolvency professionals. Some of the qualities and characteristics the committee will be looking for include (in no particular order):

  • Academic training (degrees earned, etc.);
  • Achievements in representations on behalf of clients;
  • Authorship and publications;
  • Community service;
  • Dedication to the profession;
  • Inventiveness;
  • Leadership skills;
  • “People” skills/mentoring ability;
  • Personal integrity;
  • Professional service (with professional societies, organizations, educational events, etc.);
  • Public speaking/presentation skills;
  • Sustained career progress;
  • Technical skills; and
  • Work/life balance.

If I’m selected, what happens next?

If selected, you will be invited to participate in a recognition ceremony and various other events during the 2020 Winter Leadership Conference (December 3-5 at the Fairmont Scottsdale Princess in Scottsdale, Ariz.). You must be willing to attend in person. Your profile and photo will be published in the ABI Journal and on ABI’s website, among other press and publicity. There also will be other special events and programming for “40 Under 40” honorees over the course of the year.

Will I be notified if the person I nominate is selected?

Yes. ABI will contact all 40 individuals we select for recognition, as well as the individuals who submitted their nominations.

What are the benefits to being selected?

The 2020 Class will be announced in October and honored at a special awards ceremony during the 2020 Winter Leadership Conference in Scottsdale, Ariz. In addition:

  • Honorees will be invited to attend an exclusive reception with ABI leaders and judicial faculty at the Winter Leadership Conference, as well as future special events;
  • Honorees will be profiled on ABI’s website and in the ABI Journal;  and
  • Each class of honorees will receive other special recognition when attending ABI events.

Take a look at what previous years’ honorees have achieved since receiving recognition.